Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 2

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

GBP EUR Exchange Rate Tight as Brexit Talks Begin

19 Jun 2017 at 3 PM - Written by Toni Johnson

The Pound’s latest appreciation against the Euro comes on the first day of full Brexit talks. Pound Rises on Strong Start to Brexit Talks The main cause of a Pound to Euro rise today has been the news that Brexit negotiations have finally begun. The official meeting between David Davis from the UK and Michel Barnier from the EU has come nearly a year after the initial Brexit vote, but is still being welcomed by...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

GBP USD Exchange Rate Strengthens as Brexit Talks Set to Begin

19 Jun 2017 at 12 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate rallied at the start of the European session this morning as investors appeared unusually optimistic at the start of formal Brexit negotiations. Investor Optimistic as Brexit Talks Get Underway At the time of writing Sterling is up by around 0.15% against the US Dollar today as markets seem upbeat about the start of Brexit talks. Some analysts suggest that recent warnings by UK...

CATEGORIES: Pound Dollar Forecasts

GBP ZAR Exchange Rate Slips as Markets Reassess BoE Rate Hike Odds

16 Jun 2017 at 1 PM - Written by Ben Hughes

As the Bank of England (BoE) proved unexpectedly divided at its June policy meeting the Pound South African Rand exchange rate was prompted to trend sharply higher. Markets had anticipated just one dissenting vote at the meeting, leading investors to pile back into Sterling when the minutes revealed that three policymakers were in favour of an immediate interest rate hike. Even so, as analysts at Scotiabank...

CATEGORIES: South African Rand Forecasts

GBP to CHF Exchange Rate Holds Near Highs on Central Bank News

16 Jun 2017 at 12 PM - Written by James Fuller

This week’s central bank news has proven to be the biggest influence on the British Pound to Swiss Franc exchange rate. Investors bought the Pound after a surprising Bank of England (BoE) meeting but the Swiss National Bank (SNB) meeting was predictably cautious. As a result the Pound has recovered from its worst levels. GBP/CHF briefly hit its worst level since January, 1.2242, on Monday, before climbing away from these lows...

CATEGORIES: Pound Swiss Franc Forecasts

EUR to USD Exchange Rate Tumbles as Federal Reserve Eases Market Fears

15 Jun 2017 at 3 PM - Written by David Woodsmith

After a brief surge to a fresh 2017-high on Wednesday, the Euro to US Dollar exchange rate tumbled and continued to fall on Thursday due to a lack of strong Eurozone data and market confidence in the US economy. Wednesday saw EUR/USD jump to a high of 1.1288, which was the pair’s best level since August 2016. On trending strongly for most of the week, EUR/USD fell to below the week’s opening levels on Thursday and hit a new...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP CAD Exchange Rate Surges Higher after BoE Splite 5-3 on Interest Rates

15 Jun 2017 at 2 PM - Written by John Cameron

Weaker-than-expected UK retail sales figures put fresh pressure on the Pound Canadian Dollar exchange rate on Thursday morning. While forecasts had pointed towards a contraction in spending the figure still surprised to the downside, with sales falling -1.6% on the month in May. Coupled with Tuesday’s unexpected uptick in inflationary pressure and the unimpressive nature of the latest wage growth data this suggests that...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP NZD Exchange Rate Slips as UK Real Incomes Shrink

14 Jun 2017 at 12 PM - Written by Toni Johnson

The latest UK news has concerned traders, leading to a drop to 1.7562 in the GBP NZD exchange rate. The UK data, covering average earnings in April, has combined negatively with Tuesday’s UK inflation rate figures. Annual inflation rose to 2.9% in May, while recent wage growth figures have remained far beneath this level. With bonuses, wage growth in April has slowed to 2.1%, while without a lower 1.7% has been...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to INR Exchange Rate Slips as UK Wage Growth Disappoints

14 Jun 2017 at 11 AM - Written by David Woodsmith

This week, concerning UK economic data has prevented the British Pound to Indian Rupee exchange rate from recovering much from its worst levels in over a month. After shedding a rupee last week, GBP/INR trended near a low of 81.47 on Tuesday. The pair has since recovered from this low but remains near the week’s opening levels of 81.88. The Pound’s performance saw a brief improvement on Tuesday as investors bought the...

CATEGORIES: Pound Rupee Forecasts

Muted UK Wage Growth Could Prompt GBP USD Exchange Rate Downtrend Ahead of BoE Meeting

13 Jun 2017 at 5 PM - Written by Frank Davies

As the Conservatives looked set to secure a confidence and supply arrangement with the Democratic Unionist Party (DUP) in order to shore up a minority government the Pound US Dollar exchange rate recovered some ground. With the sense of political uncertainty in the UK diminishing somewhat investors were encouraged to pile back into Sterling, lifting it from its multi-week lows. Even so, the outlook for the UK economy remains...

CATEGORIES: Dollar Pound Forecasts

USD GBP Exchange Rate Falls as Potentially Explosive Congress Hearing Approaches

13 Jun 2017 at 3 PM - Written by Toni Johnson

The US Dollar has fallen against the Pound today, ahead of the second high-stakes congressional hearing in two weeks. Following the non-event of former FBI Director James Comey last week, today’s testimony will be from Attorney General Jeff Sessions. Sessions is facing questions from key Democrat and Republican figures, who will be asking about Sessions’ contact with Russian officials, among other issues. In the early...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts